The main disadvantage of Public Provident Fund account is its liquidity and long lock in period. This scheme is for long term investors who dont bother about liquidity. If you invested in PPF, our money is stuck for years on end. It is not as easy as selling some shares or mutual fund units. You
Loan Facility against PPF Deposit: A subscriber of Public Provident Fund (PPF) can avail of loan facility between the third and sixth financial year from the financial year in which the PPF account was opened. A subscriber need to submit an application in prescribed form (FORM D) along with subscribers passbook for availing of loan.
In this article, we have explained the PPF Interest Rate History and will try to understand how the rate of interest changed over the years in this scheme since its inception in 1952. Historical Interest Rates of PPF account will help us understand the importance and popularity of the scheme during the observation period. PPF
The Public Provident Fund (PPF) is a statutory, long term, savings-cum-tax-saving scheme of Government of India under the provisions of the Public Provident Fund Act, 1968. History of PPF: The National Savings Organization (NSO) introduced the Public Provident Fund (PPF) scheme in 1968 to mobilize small savings from the workers of unorganized sector and self